Media Release

MUNICH, December 13, 2021: Lilium N.V. (NASDAQ: LILM) (“Lilium”), positioned to be a global leader in regional electric air mobility, has announced the appointment of Karim Jalbout to its Senior Leadership Team as Chief People Officer, beginning in January 2022.

Karim brings exceptional talent leadership most recently serving as a lead partner for Private Equity & Technology at Egon Zehnder, the global leadership advisory and executive search firm. At Egon Zehnder, Karim advised listed and high growth global companies on transformational leadership, executive search, talent potential, board and team effectiveness, IPO readiness, and Diversity & Inclusion initiatives.

Prior to Egon Zehnder, Karim led Global Customer Propositions & Sales at Sony Ericsson Mobile where he worked closely with the product and software functions. He started his career at Diageo where he held brand and commercial roles in North America, Europe, Russia and Africa.

“I’m delighted to welcome Karim to Lilium.” said Daniel Wiegand, Lilium’s Co-Founder and CEO. “He will play a crucial role in supporting and growing our team as we pursue our mission of building radically better ways of moving. Karim’s experience of working side-by-side with everyone from engineers through to investors means that he has the ideal background for our team.”

“I am excited to be joining an awesome team at Lilium to help build something truly visionary. This is a unique opportunity to redefine the future of mobility by unleashing the potential of our leaders to accelerate delivering our mission of sustainable air travel.” said Karim Jalbout

At Lilium, Karim will increase Lilium’s focus on personal and leadership development as well as work with the Senior Leadership Team and Board on continuing to build an engaged and motivated culture. He will catalyze the organization in attracting and developing leaders for the growing global Lilium team.

Karim earned a Bachelor of Commerce from Queen’s University in Canada and completed his Executive Education at the Stanford Graduate School of Business. He is also a certified Executive Coach.